Re: Can human stupidity affect the movement of the market?
Affect and very strongly. News, especially economic news, is the main driving force on the stock exchange. People watch the news and make decisions based on it. Although the news can be thrown out by the media specifically to create an artificial movement in the market.. 
And some these media is owned by whales who owned big volumes of cryptos. It's kind of spreading FUD so people with a very weak faith will eventually sell off their crypto assets. In that way, whales don't need to sell their cryptos anymore just to see the cryptomarket bleeds.
I am agree with this statement. Sometimes, whales have strong connection with media and they asking media to spread negatives news on market. People with weak finger will panic and its very dangerous thing in any market. Panic investor will bring market crash and the price become unreasonable